All articles tagged with #qatarenergy
Qatar shut down the Ras Laffan LNG plant after an Iranian drone attack, removing about a fifth of global LNG supply and sending European gas prices sharply higher, underscoring energy-security concerns as Europe awaits summer LNG imports and traders weigh the outage duration and potential supply gaps.
QatarEnergy halted LNG production after two Iranian drones struck Ras Laffan and Mesaieed, cutting into about 20% of global LNG exports routed through the Strait of Hormuz; European gas futures surged and LNG stocks rose as Gulf tensions escalated and Iran vented retaliation after U.S. and Israeli strikes.
QatarEnergy, the world's second largest exporter of liquefied natural gas, has halted sending tankers via the Red Sea due to attacks by Yemen's Iran-backed Houthi group, seeking security advice and considering alternative routes. At least four tankers carrying Qatari LNG were held up over the weekend, prompting concerns about shipping safety in the region. The disruption could lead to delivery delays and potential cost increases for LNG cargoes to Europe, impacting global energy trade.